Weekly investor roundup: GIC to buy Japanese hotel and leisure property portfolio for $1.3 billion; Korea's KIC invests $1.9 million in Coinbase
GIC will buy a portfolio of 15 hotels and 16 leisure properties from Japan’s Seibu Holdings for $1.3 billion; KIC invests $1.9 million in Coinbase shares; BlackRock CCB Wealth Management has received approval to launch pension wealth management products in Guangzhou and Chengdu; Temasek downsizes holdings in Alibaba while adding new positions in Pinduoduo and JD.com; Former Goldman Sachs banker Roger Ng to stand trial for role in 1MDB scandal; and more.
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